Quote from: _act_ on Today at 08:59:28 AM

Bitcoin is just an asset but a digital asset and not a pyramidal scheme. Bitcoin has value and people want to invest in it.

Bitcoin has zero value right now. It used to be valuable as the first way to transfer money digitally to someone else. Nowadays with Venmo, Zelle, etc., Bitcoin itself as digital currency has zero value and zero benefits compared to the other apps I just mentioned.

The only way Bitcoin's value keeps on increasing is because of its pyramid-scheme-likeness. The more people buy into the system (invest in BTC), the higher the value of BTC becomes and the more profits the early investors make.

That's the sadness of it. Satoshi had a brilliant idea a long time ago, but people got greedy, stopped developing that idea and everything disappeared as steam in the air.